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Credit Cards

Credit Cards – Part 2

Credit Cards – Part 2

It is a myth that if the complete amount is paid up at the end of the month and nothing is carried over, then we are using the credit card company’s money for a month or so, without interest. It seems that we spend about 47% more when we use a credit card as opposed...

Credit Cards – Part 1

Credit Cards – Part 1

Some days back, I was buying something and paid with my Platinum HSBC card and I went down memory lane. It was in the early 1980s that my parents decided to sell our 1RK flat at Worli for a then princely sum of Rs.25,000/- (by the way, it is now worth around 1.25cr)...

Money Talk

Money Talk

Generally, the middle class, salaried folk do not talk about money to their kids – it is almost a taboo. In contrast, the businessmen always try to get their kids involved in their business. In fact, the builders whom we deal with ensure that their kids – as young as...

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